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Flex Space with Office and Warehouse
For Sale
Contact for pricing
Pending

279 N Medina St, Loretto, MN 55357

Commercial-zoned property combines office suites and warehouse areas for varied business operations.

Property Size30,000 SF
Days on Market369

Property Features for 279 N Medina St

General Information

Standard status Pending
Size 30,000 SF
Class C
Property subtype Industrial, Office
Zoning Commercial
Occupancy 80%
Lease Type Modified Gross
Investment Type Net Lease

Building Details

Year Built 1980
Buildings 1
Stories 2
Units 18
Tenancy Multi
Listing Agency: Bullseye Property Management & Realty
Listed By: Michelle Twardy · License #MN 20543427
Source: Crexi
Added: Aug 29, 2025 Changed: Aug 31 Last Checked: Aug 30 at 8:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bullseye Property Management & Realty

Investment Insights

Based on property information with market context.

Built in 1980, this 30,000-square-foot flex property combines office areas with warehouse space in a commercial-zoned configuration. The building includes newly installed HVAC units completed in 2025 and is currently 80% leased, with both longer-term and shorter-term occupancy represented.

The property is located in downtown Loretto at 279 N Medina St, near shopping and restaurants. Existing occupants include the City of Loretto and the Loretto Fire Department, providing established tenancy within the overall mix.

The combination of office and warehouse components supports flexible occupancy arrangements for businesses seeking space with both administrative and operational areas. The property is offered for sale and may suit an owner-user or investor based on the existing configuration and lease status.

Key Highlights

  • 30,000 square feet of combined office and warehouse space
  • 80% leased with both longer‑term and shorter‑term occupants
  • Commercial zoning supports the property’s office and warehouse configuration

Property Analytics

Current Use

XLDent (Bike/Boat/Book/etc) Store Loretto City Hall City Hall Cyber Secure MD Tech Support Center 1st Minnesota Repping ... Corporate Office Anderson Floral Products (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Electrical Service Real Estate Agency Storage Facility Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

114
Businesses Nearby
Well-served
Demand for This Use

Demographics for 55357, MN

3,370
Population
1,284
Households
2.6
Avg Household Size
42
Median Age
50%
College-Educated
98%
High-School Grad
19.5 sq mi
ZIP Area
173
Density / Sq Mi
$147,256
Median Household Income
$64,231
Median Earnings
$1,146
Median Rent
$491,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Commercial-zoned property combines office suites and warehouse areas for varied business operations.
Where is this flex space located?
The property is located at 279 N Medina St Loretto, MN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 30,000 square feet of combined office and warehouse space; 80% leased with both longer‑term and shorter‑term occupants; Commercial zoning supports the property’s office and warehouse configuration
More about this property
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